International

• Tuesday, February 25th 2014 - 07:22 UTC

  Gibraltar expands network of agreements for exchange of tax information

  

  Gibraltar lawmakers unanimously approved new legislation that will dramatically expand Gibraltar’s network of agreements for the exchange of tax information. The legislation implements OECD’s Convention on Mutual Administrative Assistance in Tax Matters in Gibraltar ahead of the March 1 deadline.

• Tuesday, February 25th 2014 - 04:59 UTC

  HMS Richmond back in Portsmouth with a special honor received in Falklands

  

  HMS Richmond is back in Portsmouth at the end of her South Atlantic patrolling that saw her spend 2,881 hours at sea covering 33,316 nautical miles, visiting seven foreign countries (Portugal, Cape Verde, South Africa, Panama, Colombia, Bahamas and the United States of America) and five British Overseas Territories (Ascension Island, St Helena, Falkland Islands, Tristan da Cunha and South Georgia).

• Tuesday, February 25th 2014 - 04:36 UTC

  Mexican billionaire Slim and Protto group, to become main shareholders of New York Times

  

  Mexican magnate Carlos Slim and the Italian group Proto will be the principal shareholders of the US daily The New York Times (NYT), said sources at the Proto Organization. This is because Slim plans to exercise at the end of this year warrants he received when he made a major loan to the newspaper company, according to a report in Bloomberg.

• Tuesday, February 25th 2014 - 04:19 UTC

  Barca pays 13.5m Euros on the contract of Neymar after charges of tax-fraud

  

  Barcelona have made a payment of 13.5 million Euros ($18.53 million) to the Spanish treasury, after they were charged last week with tax fraud in the signing of Brazil forward Neymar.

• Tuesday, February 25th 2014 - 04:13 UTC

  Pope overhauls Vatican finances and names Secretariat for the Economy

  

  Pope Francis has taken his boldest step yet to overhaul the Vatican's scandal-plagued finances, creating a new department with broad powers to oversee all of its economic and administrative affairs, the Vatican announced on Monday. The Secretariat for the Economy will answer directly to the pope and will be headed by Australian Cardinal George Pell, currently the archbishop of Sydney.

• Monday, February 24th 2014 - 22:28 UTC

  Brazil and EU agree to lay an undersea cable to avoid US internet surveillance

  

  Brazil and the European Union agreed on Monday to lay an undersea communications cable from Lisbon to Fortaleza to reduce Brazil's reliance on the United States after Washington spied on Brasilia.

• Monday, February 24th 2014 - 22:19 UTC

  Rousseff and Barroso optimistic about Mercosur/EU trade talks scheduled to begin 21 March

  

  Trade negotiations between the European Union and Mercosur could move quickly once a technical meeting next month has taken place, EU Commission President Jose Manuel Barroso said after a meeting on Monday with Brazilian President Dilma Rousseff in Brussels and the European Council president Herman Van Rompuy.

• Monday, February 24th 2014 - 06:45 UTC

  Italy experiments with a new prime minister and 16-member cabinet

  

  Center-left leader Matteo Renzi took office on Saturday as Italy's youngest prime minister, facing pressure to show immediate results after he forced out his predecessor over the slow pace of economic reforms.

• Monday, February 24th 2014 - 06:40 UTC

  World top economies pledge 2% growth in next five years and millions of jobs

  

  The world's top economies have embraced a goal of generating more than 2 trillion dollars in additional output over five years while creating tens of millions of new jobs, while also promising more transparency in monetary policy to allay the concerns of emerging economies.

• Monday, February 24th 2014 - 05:00 UTC

  Insulza suggests 'outside players' could help reach an agreement in Venezuela

  

  Organization of American States, OAS, Jose Miguel Insulza has suggested the participation of 'outside players' in Venezuela to try and lower the pressure and consequences of the current situation in the country. Insulza made the suggestion in a letter published by several newspapers from the region, but underlining that it is Venezuelans that must reach an understanding to overcome the situation.